Qatar Investment Authority takes 5% stake in Washington Wizards owner
Sovereign wealth fund invests $200mn in US sports franchise owner Monumental Sports
Travel & leisure industry, Mergers & Acquisitions
Top US bank watchdog outlines tougher rules for larger lenders
Michael Barr calls for banks to stow away additional capital to absorb any losses
Financial & markets regulation
The relentless rise of the IRA
The US’s allies are scrambling to match Washington’s $369bn package of climate and energy measures
Renewable energy
Central banks move gold back home after freeze on Russian assets
Sovereign investors, concerned about the precedent of sanctions, prefer the physical metal to derivatives or ETFs
Central banks
KKR buyout shows modern dilemmas boards face
Private equity group wins auction with lower bid by claiming financing and competition risks from rival
Mergers & Acquisitions
Anatomy of a Twitter payout
Elon Musk shows us how the sausage is made and how Wachtell lawyers get paid
Social Media, Mergers & Acquisitions
The dead cat launch
If a rocket enters space and nobody cares, does it make a sound?
Space industry
Kering paid €3.5bn for fragrance company Creed
Deal at steep price reflects ambition to push into beauty and skincare, say analysts
Luxury goods, Mergers & Acquisitions
Hunt to set out City reforms to drive UK growth and investment
Mansion House speech will hail pact with pension groups that could unlock £50bn
Financial & markets regulation
The days of the rock star research analyst are long gone
Customers want value for money and rolling back transparency reforms will not change that
Financial & markets regulation